Fasa lashes out against underwriters THE Federation of Asean Shipowners has added its voice to the growing protest over classifying the Malacca Strait as a war and terrorism risk, suggesting that London-based underwriters may not comprehend the situation from such a distance.
PSA in US$755m bid for Turkish port PSA International may soon be operating another Mediterranean terminal after submitting a US$755 million bid along with its joint venture partner for a 36-year operating lease at Turkey's Mersin port.
Normal ops at Port Klang, no delays due to haze LAST week's haze, which reduced visibility in western Malaysia and caused schools to be closed, did not cause any delays at the country's busiest harbour, says the chairman of the operator of Port Klang.
China Merchants to build 4.5b yuan Qingdao terminal
Middle East tanker rates may be on the rise
Tanker shipments fall as crude hits high
Port Shots
Port Shots PETROLIMEX, Vietnam's top oil products importer, has purchased a 38,000-tonne tanker to transport fuel oil, adding to its fleet of five vessels, a company official said yesterday.
Fasa lashes out against underwriters THE Federation of Asean Shipowners has added its voice to the growing protest over classifying the Malacca Strait as a war and terrorism risk, suggesting that London-based underwriters may not comprehend the situation from such a distance.
PSA in US$755m bid for Turkish port PSA International may soon be operating another Mediterranean terminal after submitting a US$755 million bid along with its joint venture partner for a 36-year operating lease at Turkey's Mersin port.
Normal ops at Port Klang, no delays due to haze LAST week's haze, which reduced visibility in western Malaysia and caused schools to be closed, did not cause any delays at the country's busiest harbour, says the chairman of the operator of Port Klang.
China Merchants to build 4.5b yuan Qingdao terminal
Middle East tanker rates may be on the rise
Tanker shipments fall as crude hits high
Port Shots
Port Shots PETROLIMEX, Vietnam's top oil products importer, has purchased a 38,000-tonne tanker to transport fuel oil, adding to its fleet of five vessels, a company official said yesterday.
Atlantic set for hurricane record HURRICANE activity at sea in the current Atlantic season will break records, forecasters have warned.
Germany plans to call time on drinking onboard GERMANY is to launch an anti- alcohol initiative at the International Maritime Organization, the federal transport ministry has confirmed.
Cruiseships in terrorists' sights despite Turkey arrests TURKEY has arrested several people on suspicion of planning to bomb a cruiseship near Antalya, according to news agency reports.
Paul Y buys stake in Nantong Port Group HONG Kong-listed Paul Y-ITC Construction is to go ahead with its purchase of a 45% stake in state-owned Nantong Port Group in the Chinese province of Jiangsu, it said in a submission to the Hong Kong Stock Exchange yesterday.
Qingdao in talks to fund $3bn port expansion QINGDAO port, the third largest on mainland China, has advised international port developers and operators that it wishes to spend up to Yuan26bn ($3.17bn) to double its capacity to 12m teu over five years, writes Mike Grinter.
Call for tougher alcohol limits THE German government wants to launch an initiative at the IMO for stricter rules on drinking on board merchant ships
Japanese majors win US LNG contract A GROUP of Japanese majors is reported to have jointly won a long-term contract to transport LNG from Qatar to North America
...they did not shoot the deputy THE deputy sheriff of Cape Town, South Africa, had to be rescued from a departing vessel after the master refused to let the vessel be arrested
Boxship charter rates fall BOXSHIP charter rates continue to be unstable, with an average drop of 8% during the last two months
US courts can cancel liens BANKRUPTCY courts in the US have the right to cancel maritime liens on vessels ' even those that are not within the jurisdiction of the court
Thomas Falknor dies THOMAS Falknor, the senior VP of ICTSI who was largely responsible for the expansion of the Philippine-based company worldwide over the last 10 years, has died of cancer
Boxes boost rail traffic again U.S. railroads continue win streak, boosted carloads 1 percent and intermodal loads 7.6 percent for the week ending August 6.
Grand Alliance and PONL set to start withdrawal talks next month An initial discussion to plan the phased withdrawal of P&O Nedlloyd (PONL) tonnage from the Grand Alliance will be held at next month's Box Club meeting.
Vancouver container backlog lingers More than a week after the trucker-strike ended, the container backlog at Vancouver area ports remains high, with some 9,000 boxes stranded at Vancouver and Fraser River.
Longshorewoman killed at Port of Tacoma
Fire on board Horizon Lines ship in LA
Beijing gives assent to Qingdao terminal and FTZ development
PSA in Qingdao terminal investment talks
K Line completes AWE4 capacity expansion
Maersk Sealand starts new West Med-Iberian Peninsula feeder
Concor focus to shift east, to Visakhapatnam box terminal
Russian car-by-rail formula revs up, with Chinese contract
Competition Commission gives nod to Peel's Mersey deal
Russian design contract to Aker Arctic Aker Finnyards' subsidiary Aker Arctic Technology Inc and the FSUE Admiralty shipyards at St. Petersburg have signed a contract about ...
NOK 3.8 billion order backlog at Kleven Maritime Kleven Maritime now has an order backlog of 15 offshore vessels, totalling NOK 3.8 billion, as well as being a ...
Consafe aquired jack up rig Göteborg-based Consafe Offshore has finalised the aquisition of the accomodation and construction rig "Atlantic Esbjerg" for USD 74 million ...
Demand falls as buyers take cautious approach A quiet day in key US ports as buyers ride out bullish crude.
West Coast SECA proposal receives Canadian backing The US and Canadian West Coast is trending towards a SECA, port authority reveals.
Indonesia looks at alternative to fuel oil, distillates A former minister says bio-fuels could become an alternative to fuel oil and diesel used by fishing vessels.
New head boosts SMP's Asian resources Oil major takes decision to recruit new Shell Marine Products' chief from outside company as it turns attention to boosting Asian presence.
Philippines: Bunkers escape planned tax A handful of petroleum products will be exempt from a new value-added tax.
Hearing adjourned as trader seeks out-of-court settlement Trader says outstanding bunker bill may be settled shortly after court case was adjourned pre-hearing.
Rotterdam holds firm Monday morning
GAC: Volatility means challenging times for bunker traders GAC's Asian bunker manager shares her views on market volatility and why Singapore is the world's leading bunkering port.
Korean HSFO exports likely to drop in September South Korean HSFO exports likely to drop by nearly a third next month according to survey.
Titan gains strong footing in China with new terminals Titan Petrochemicals will soon become an integrated oil supplier to China, and alludes to supplying ships from one of its new oil terminals.
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